Removing Neumann is a difficult decision for Son, who has long believed in WeWork and Neumann's vision to quickly expand the company.Technologyread more
The Kingdom and oil and gas industry have been slow to shore up defenses, raising red flags about the possibility of longer term fall-out in the region.Technologyread more
Datadog went public on Thursday and instantly hit a $10 billion valuation, becoming the fourth cloud software debut to reach that level this year.Technologyread more
There are challenges with Iran, North Korea, the Afghan Taliban, Israel and the Palestinians — not to mention a number of trade pacts.Politicsread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
In his new memoir, "The Ride of a Lifetime," Iger explains why he decided against the deal to buy Twitter.Technologyread more
In perhaps Buffett's first televised profile, he explained a method of investing that prioritizes bargains and makes use of an occasional baseball analogy.Marketsread more
The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
A 58% majority of registered voters express unease about voting for Trump, but slightly more say the same about Joe Biden and Bernie Sanders, while Elizabeth Warren fares only...Politicsread more
A temporary airspace closure forced flights coming into Dubai from Australia, Singapore and India to be diverted to nearby airports.Airlinesread more
Schiff had previously shied away from calling for impeachment, but his comments on CNN's "State of the Union" indicate his stance has shifted.Politicsread more
Apple's next big thing will be health technology, the tech giant's former CEO, John Sculley, told CNBC on Wednesday.
"Sensors and algorithms are getting better and smarter," he said in an interview with "Closing Bell."
"We can expect to see some real innovations over the next couple of years. And the game change is not just the devices," he added, pointing to the Apple Watch and Airpods. "It's the subscription services in health, which can be incredibly profitable and really big growth gainers for Apple"
"With small calculated impacts from these, 'other services', we expect the focus to return to the slowing iPhone business post this event," Goldman Sachs analyst Rod Hall said.
However, Sculley believes Apple is building on its iPhone business in a way that is going to help transform its business.
"Now that there is an install base of an incredible size with the iPhone, you're seeing Apple move into other related services that can fit into the Apple hardware ecosystem," he said.
"With consumer wearables, we're just at the early days of something that can be extremely important," he added. "It may be biggest gainer of share of growth of anything that Apple has. Not the largest share of market, but share of growth and probably very profitable share of growth with subscription services for health."
In fact, the pivot into health tech is already underway, with the Apple Watch now doing things like taking an electrocardiogram and tracking heart rhythm.
"We are going to see real innovations coming with glucose monitoring that's noninvasive, and the ability to get accurate data and being able to transmit that data across networks, going out to physicians," Sculley said.
"Consumers trust their physicians. And doing that with privacy, which is an Apple hallmark, is totally real."
— CNBC's Michael Bloom contributed to this report.